town-of-waldenburgmeeting-minutes2025-05-12_9aa.pdf
CS Bank secures $750,000 CD renewal agreement
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Description
The City had sent out bids for a CD renewal and that CS bank came back with the best interest rate of 3.92 percent for 24 months. The total of the CD was $626,392.25 and we added $123,607.75 from some money that was left over after we paid the bonds off last June for a total of $750,000.00.
Contract Details
Contract Amount
$750,000.00
Vendor
CS BANK
Agency
Town of Waldenburg, AR
Contract Type
CD Renewal
Document Date
May 12, 2025
Contract Term
24 months
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